The index for assessing the implementation results of Free Trade Agreements in localities (FTA Index) is a new tool that provides a transparent database for the Government, as well as central and local agencies in directing and supervising economic integration efforts.

A leader of the Vietnam Leather, Footwear and Handbag Association (Lefaso) highlighted that a 46% tariff would severely affect an industry employing over 1.2 million workers, 90% of whom are women.

Clothing and accessories retailers across the United States are delaying orders and freezing hiring ahead of tariff hikes that take effect Wednesday on products imported from Vietnam and China.

To ensure product quality from the ground up, the Ministry of Agriculture and Environment has launched residue monitoring programmes at key growing areas and packing facilities.

Continued dialogue between the two governments of Vietnam and the US will create significant opportunities for US exporters, including those in the agricultural sector. The US business community is eager to push for a free trade agreement with Vietnam, which would enhance market access and reduce tariffs, particularly when compared with other nations that already have trade agreements with Vietnam.

Experts held that businesses should seek new export markets and expand the domestic market, while viewing this challenge as an opportunity to restructure and redefine Vietnam's position in global trade, particularly in the US market.

The Ministry of Agriculture and Environment has rolled out eight key tasks and solutions to grow the sector by at least 4 per cent this year.

The escalating trade war between the US and China saw President Donald Trump raise tariffs even further on small parcels that were until now exempt from taxes.

According to the Ministry of Agriculture and Environment, in the first quarter of 2025, Vietnam exported 2.2 million tonnes of rice, reaching a revenue of 1.14 billion USD, up 0.6% in volume but down 19.7% in value compared to the same period in 2024.

In response to the recent upheaval in global trade, following US President Donald Trump’s announcement of a new retaliatory tariff policy on April 3, the Ministry of Agriculture and Environment convened an emergency meeting, both in person and online, with businesses and industry associations to identify immediate and long-term solutions to maintain and boost export momentum.